Trucking Business News

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Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business

Parts Makers Optimistic on Economic Recovery

The Heavy Duty Manufacturers Association said 84% of its members experienced sales growth during the second quarter, with 28% reporting 鈥渟ubstantial growth.鈥

July 12, 2010
BusinessGovernment

Western Governors Back New Pilot Programs to Study Effects of Longer Trailer Combinations

The Western Governors鈥 Association has urged Congress to allow interested states to create pilot programs to evaluate the benefits and costs of adding routes for longer combination vehicles.

July 12, 2010
Business

Pilot, Flying J Ready to Merge After Plan Clears Final Hurdles

Pilot Corp. and Flying J Inc. said they are preparing to integrate their massive network of interstate truck stops after reaching several agreements that should allow their proposed merger to move forward.

July 12, 2010
BusinessFuel

Diesel Drops 3.2垄 to $2.924 a Gallon

The U.S. retail diesel average dipped 3.2 cents to $2.924 last week, the seventh decline in eight weeks, the Department of Energy reported.

July 12, 2010
BusinessFuel

Oil Ends Week Over $76, Led by Higher Diesel Demand

Oil finished the trading day Friday over $76 a barrel, gaining about $4 in the past week聽led by high diesel demand, Bloomberg reported.

July 9, 2010
BusinessEquipment

Cummins to Invest $100 Million in Indiana Engine Plant

Cummins Inc. said Friday it plans to invest about $100 million to expand its high-horsepower engine plant in Seymour, Ind., to add more lines of clean-diesel and natural gas engines in the future.

July 9, 2010
Business

FMCSA Sends HOS Proposal to DOT for Review

The Federal Motor Carrier Safety Administration sent its new hours-of-service proposal to Transportation Secretary Ray LaHood鈥檚 office for review in late June, according to a Department of Transportation report issued early this month.

July 9, 2010
Business

Wholesale Inventories Rise in May

Wholesale inventories rose 0.5% in May, while sales fell, the Commerce Department said Friday.

July 9, 2010
BusinessGovernmentLogistics

Clerks Strike at Ports of L.A., Long Beach

Officials with the Port of Los Angeles and Long Beach said shipping terminals were open and operating this week during negotiations between terminal operators and a striking shipping clerks union.

July 9, 2010
BusinessLogistics

Intermodal Traffic Jumps 36.6% for Week

Intermodal rail traffic jumped 36.6% last week compared with a year ago, the Association of American Railroads said.

July 9, 2010

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